Market Research Report

ID:VMR11210792
February 2024
REPORT FORMATS: ELECTRONIC (PDF), MS EXCEL

Frequently Asked Questions (FAQs) about this Report

For the year 2023, the global market size for Industrial Hemp Market was valued at USD 8.46 Billion.

The Global Industrial Hemp Market growth is estimated to be close to 22.9% between 2024 and 2032.

In the Global Industrial Hemp Market, Europe holds the largest market share.

The Global Industrial Hemp Market is segmented by Type (Hemp Seed, Hemp Seed Oil, CBD Hemp Oil, Hemp Bast, Hemp Hurd), by Source (Conventional, Organic), by Application (Food & Beverages, Textiles, Pharmaceuticals, Personal Care Products, Animal Nutrition, Paper, Construction Materials, Other Applications).

The leading players in the Global Industrial Hemp Market are Marijuana Company of America Inc. (US), Cronos Group Inc. (Canada), Ecofibre Limited (Australia), Green Thumb Industries (US). Curaleaf Holdings Inc. (US), GenCanna (US), HempFlax BV (Netherlands), Konoplex Group (Russia), Hemp Oil Canada (Canada), BAFA (Germany), Dun Agro Hemp Group (Netherlands), Colorado Hemp Works (US), Canah International (Romania), South Hemp Tecno (Italy), MH Medical Hemp GmbH (Germany).
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Objectives of Study
  • Define and measure the global market
  • Volume or revenue forecast of the global market and its various sub-segments with respect to main geographies
  • Analyze and identify major market trends along with the factors driving or inhibiting the market growth
  • Study the company profiles of the major market players with their market share
  • Analyze competitive developments
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Key questions answered by the report

  • What is the current market size and trends?
  • What will be the market size during the forecast period?
  • How various market factors such as a driver, restraints, and opportunity impact the market?
  • What are the dominating segment and region in the market and why

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